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Bargain and sale

Related Terms:

land use conveyance possession bargainee contract bargainor seize convey statute trustee vest

Noun

Definition: A form of conveyance by which the bargainor contracts to convey the lands to the bargainee and becomes by such contract a trustee for and seized to the use of the bargainee. The statute then completes the purchase, i.e. the bargain vests the use, and the statute vests the possession.

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